Tune Ins Holdings IPO Oversubscribed by 2.07 times

Tune Ins Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 37.6 million shares. It was oversubscribed by 2.07 times. The IPO attract 8,366 applications or 115.4 million shares.

The Institutional Price was fixed at RM1.35 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM1.35 per Offer Share. The difference of RM0.20 per IPO Share will be dispatched to successful retail applicants within 10 market days from 7th February 2013.

Below are the allotment summary.

Allotment summary for Bumiputera portion

Denomination

No of Application

No of Successful Application

% Chance

Share / Successful Applications

From

to

100

200

28

8

28.57

100

300

900

16

10

62.50

300

1,000

1,900

136

108

79.41

1,000

2,000

2,900

85

68

80.00

2,000

3,000

3,900

112

91

81.25

3,000

4,000

5,900

400

328

82.00

4,000

6,000

10,900

746

626

83.91

6,000

11,000

19,900

1,305

1,109

84.98

8,000

20,000

49,900

428

368

85.98

10,000

50,000

99,900

88

77

87.50

12,000

100,000

199,900

34

30

88.24

14,000

200,000

ABOVE

19

19

100.00

16,000

3,397

2,842

Allotment summary for Public portion

Denomination

No of Application

No of Successful Application

% Chance

Share / Successful Applications

From

to

100

200

46

11

23.91

100

300

900

27

9

33.33

300

1,000

1,900

415

209

50.36

1,000

2,000

2,900

291

151

51.89

2,000

3,000

3,900

271

142

52.40

3,000

4,000

5,900

429

230

53.61

4,000

6,000

10,900

1,134

623

54.94

6,000

11,000

19,900

1,456

814

55.91

8,000

20,000

49,900

874

498

56.98

10,000

50,000

99,900

220

126

57.27

12,000

100,000

199,900

82

54

65.85

14,000

200,000

499,900

20

15

75.00

16,000

500,000

999,900

9

9

100.00

18,000

1,000,000

ABOVE

1

1

100.00

28,000

5,275

2,892

Notices of Allotment will be dispatched by post to all successful applicants on or before 19th February 2013. Tune Ins Holdings is expected to be listed on the Main Market of Bursa Malaysia on 20th February 2013 under stock name “TUNEINS”.